Categories: CryptoNews

Agentic Group Collaborates with Government of Bermuda on Digital Currency Incubator

New York-based Agentic Group LLC – a global consortium with members in the blockchain, fintech and digital currency industries – announced a new initiative this week with Bermuda’s Government.

The initiative will see Agentic Group, which also has offices in Paris and London, working with the Bermuda Monetary Authority (BMA) on raising awareness about the benefits of blockchain technology and digital currencies in the region.

Rik Willard, Founder and Managing Director of Agentic Group, said that the organization is “delighted” to be working with the BMA. According to the press release, Agentic Group will establish facilities in Bermuda to help kickstart the British island territory’s fintech industry, “We look to working closely with government to establish both a digital currency incubator and blockchain startup facility in Bermuda” said Willard.

Agentic Group’s 33-member consortium is comprised of some of the most recognisable names in the blockchain industry like the BitGive Foundation, Bitcoin’s first 501c nonprofit, and digital currency news service BraveNewCoin.

On Monday, Agentic Group tweeted about its collaboration with the Government of Bermuda:

Related Post

The consortium has continued to expand its roster of advisors and experts. Earlier this month, the Agentic Group brought in Ann Camarillo, former CEO of payment processor Maestro and global ATM network Cirrus, as a Senior Advisor. Furthermore, Rik Willard will be moderating the Putting the FINN in US Tech conference, held in New York on June 15th, 2016.

 

Image credit: 1

Apple users can now download the app of The Merkle in the App Store!

If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Traderman

Avid blogger, entrepreneur, and cryptocurrency enthusiast. I love writing about cryptocurrency, NFTs, price analysis, and much more!

Share
Published by
Traderman

Recent Posts

Bitwise Launches Its First Tokenized Fund With $259M in Assets and 4% Annual Yield

Bitwise Asset Management has just made its first move into tokenized funds, and it comes…

12 hours ago

Binance Launches US Stocks and ETFs Trading for Non-US Users With Zero Commission

Binance just made a move that blurs the line between crypto exchange and traditional brokerage…

13 hours ago

NEAR Protocol Ships Confidential Payments, Crosses $19B in Intents Volume, and Partners With Bermuda Government

NEAR Protocol has had a month that most blockchain projects would stretch across an entire…

1 day ago

Chainlink Records 7 New Integrations Across 6 Services and 4 Chains

Something is becoming increasingly clear about Chainlink, the integrations are not slowing down. The protocol…

1 day ago

Circle Freezes $12.6 Million in Zama’s Confidential USDC Contract on Ethereum

Blockchain investigator ZachXBT has flagged a major stablecoin freeze that is sending shockwaves through the…

3 days ago

Exponent Finance Launches V2 To Expand Institutional Yield Markets On Solana

From a primarily interest rate swap niche product, Exponent has developed into an onchain capital…

3 days ago